Health and Fitness Club Industry News: Chains
Friday, January 23rd, 2026
Planet Fitness, Inc. Announces Third Quarter 2020 Results
Posted: November 5, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its third quarter ended September 30, 2020: Total revenue decreased from the prior year period by 36.8% to $105.4 million. System wide same store sales decreased 5.6%. Net (loss) income attributable to Planet Fitness, Inc. was a loss of $3.1 million, or $0.04 per diluted share, compared to income of $25.8 million, or $0.31 per diluted share in the prior year period. Net (loss) income decreased 111.1% to a net loss of $3.3 million, compared to net income of $29.7 million in the prior year period. Adjusted net income decreased 95.1% to $1.6 million, or $0.02 per diluted share, compared to $33.1 million, or $0.36 per diluted share in the prior year period. Adjusted EBITDA decreased 51.3% to $32.0 million from $65.7 million in the prior year period. 29 new Planet Fitness stores were opened during the period, bringing system-wide total stores to 2,086 as of September 30, 2020. Cash of $501.6 million as of September 30, 2020, which includes cash and cash equivalents of $419.7 million and restricted cash of $81.9 million. Read More...
TG The Gym Chula Vista California Opens
Posted: November 5, 2020 in Chains
CHULA VISTA, CA - TG The Gym announces the opening of its new Chula Vista location. TG will be serving a community of bodybuilders, powerlifters and serious fitness enthusiasts with over 25,000 square feet of indoor gym space and over 7,000 square feet of outdoor gym space. The Grand Opening date is projected to be December 15, 2020. TG The Gym has been home to best fitness training for 35 years, offering men and women all across the community the opportunity to challenge their bodies and build strength every day. Read More...
Crunch Franchise Announces Its Newest Location In Odessa, Texas
Posted: November 3, 2020 in Chains
ODESSA, TX - Crunch Franchise plans to open a $5 million, 35,000 square-foot facility with state-of-the-art equipment and amenities in Odessa, Texas in January 2021. Crunch Odessa is owned by veteran fitness industry operators Brian Hibbard and John Armatas, who operate Crunch locations throughout the U.S. Read More...
9Round Franchising, LLC Ranked In Franchise Times 2020 Top 200+
Posted: November 2, 2020 in Chains
GREENVILLE, S.C. - 9Round Franchising, LLC, the world’s largest kickboxing franchise, has been named to the 2020 Franchise Times Top 200+ list. 9Round makes the list at 285 out of 500. The Franchise Times Top 200+ is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Read More...
World Gym Appoints Celebrity Trainer Gunnar Peterson as Global Ambassador of Fitness
Posted: October 28, 2020 in Chains
NEWPORT BEACH, CA - World Gym International, the iconic global fitness brand, has named celebrity personal trainer Gunnar Peterson its Global Ambassador for Fitness. World Gym will serve as Peterson’s exclusive health club partner. Additionally, Peterson will be filming workout content for World Gym’s upcoming on-demand training platform and mentoring World Gym’s global network of trainers to enhance Personal Training programs at participating World Gym locations. Read More...
VIDA Fitness Partners With the NASM to Offer 20 Scholarships for Black Students Seeking Careers as Personal Trainers
Posted: October 27, 2020 in Chains, Suppliers
WASHINGTON, D.C. - VIDA Fitness is launching the Personal Training & Scholarship Mentorship Program in partnership with National Academy of Sports Medicine (NASM). The purpose of the program is to create more opportunities for Black aspiring personal trainers to have access to the certification program, textbooks and mentorship necessary to launch a successful career in Washington, D.C., Maryland and Virginia. Read More...
Life Time Launches Digital 60 Day Training and Nutrition Program as Company Bolsters Virtual Offerings
Posted: October 21, 2020 in Chains
CHANHASSEN, MN - The spread of COVID-19 has thrown millions of people off their nutrition and fitness game. With more people craving accountability and convenience with their wellness than ever before, Life Time, a premier lifestyle brand, is launching a new Holiday 60-day program on November 7 as a completely virtual offering. This program augments the company's robust on-demand classes and virtual training programs it's launched since the start of the COVID-19 pandemic. Read More...
9Round Fitness Debuts New Line of Boxing Equipment in Walmart Stores Nationwide
Posted: October 21, 2020 in Chains
GREENVILLE, S.C. - 9Round Fitness, one of the world’s largest kickboxing chains, is partnering with the world’s largest retailer, Walmart, to offer a new collection of boxing equipment. Currently available at the Walmart website and in 600 Walmart stores nationwide, buyers can now jab and cross in confidence with 9Round branded gloves, mitts, wraps and a reflex bag. Read More...
Snap Fitness Reacquires UK and Ireland Markets
Posted: October 21, 2020 in Chains
CHANHASSEN, MN - Snap Fitness, a premier 24/7 fitness concept creating happy and healthy lifestyles for its members, has announced the reacquisition of the UK and Ireland market from its Master Developer. Read More...
EXOS Names Helen Chang to Board of Directors
Posted: October 15, 2020 in Chains
PHOENIX, AZ - EXOS announces that Helen Chang is the newest member of the company’s Board of Directors. Helen Chang joins the EXOS Board of Directors at a pivotal time in the company’s history as it continues to build on its commitments to make human performance solutions accessible to a wider consumer base. Read More...
YogaWorks Takes Voluntary Action to Position Company for Future Success
Posted: October 14, 2020 in Chains
SANTA MONICA, CA - YogaWorks, (the “Company”), one of the leading providers of authentic yoga instruction in the United States, announced that it has voluntarily filed petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Court”). As part of this process, YogaWorks has entered into a purchase agreement (“Agreement”) with Serene Investment Management (“Serene”), pursuant to which Serene will serve as the stalking-horse bidder and has agreed to acquire the YogaWorks digital and education business and intellectual property. Read More...
World Gym Partners With Cresa to Provide Powerful Real Estate Assistance to Franchisees
Posted: October 14, 2020 in Chains
NEWPORT BEACH, CA - World Gym International, the iconic global fitness brand, has partnered with Cresa to find outstanding locations for franchisees and then negotiate the lease or property acquisition. Cresa is the world’s largest tenant representation firm, which means they are free of the conflicts that arise when the firm also represents landlords. They will work with franchisees and potential franchisees in the U.S. and Canada. Read More...
New York City Department of Education Receives $1 Million Grant from Life Time Foundation
Posted: October 13, 2020 in Chains
NEW YORK, N.Y. - At a time when boosting health and immunity are at the forefront of conversations, the more than 1.1 million students served by the New York City Department of Education (NYC DOE) will benefit from a recent $1 million grant to accelerate healthier menus in schools, free of seven categories of undesirable ingredients, called "The Harmful 7." The five-year grant is funded by the Life Time Foundation and will be facilitated by the Fund for Public Schools, the NYC DOE's non-profit partner focused on scaling outcome-driven initiatives and responding to emerging needs. Read More...
Curves Celebrates 28 Years of Ingenuity and Innovation in the Women’s Fitness Industry
Posted: October 7, 2020 in Chains
WACO, TX - This year, Curves celebrates 28 years of delivering a fitness solution designed specifically for women and 28 years of creating entrepreneurial opportunities for women who want to own their own business, provide for the financial needs of their families and be a health resource in their communities. Read More...
USTA and Genesis Health Clubs Partner to Grow Tennis Participation
Posted: October 6, 2020 in Chains, Suppliers
ORLANDO, FL - USTA and Genesis Health Clubs has announced a strategic partnership that brings together the national governing body for tennis in the United States with one of the largest health and tennis club companies in the country. Through this relationship, both parties will combine resources to continue growing the sport of tennis, with a particular focus on attracting new youth and adult players. Read More...
Crunch Franchising Named One of The 2020 Top Growth Franchises By Entrepreneur Magazine; Expands Footprint In New York With A New Signature Location In Midtown East
Posted: October 5, 2020 in Chains
NEW YORK, N.Y. - Crunch Fitness, the health club brand known for making serious fitness fun through innovative programming and an inclusive atmosphere, was named one of the top-ranking growth franchises by Entrepreneur magazine. Crunch also announces its continuing commitment to bringing back New York City better than ever and will swing open the doors to selling memberships at its brand-new, long-awaited Signature outpost in the heart of Midtown with a target opening in Fall 2020. Read More...
Blink Fitness Launches Virtual Training Program
Posted: October 2, 2020 in Chains
NEW YORK, N.Y. - Blink Fitness announces the launch of a new virtual training program through a platform powered by FlexIt technology. The platform allows Blink to continue to put its community first by providing current and prospective members with a simple way to schedule personalized, one-on-one virtual personal training sessions. Read More...
Athletes Across the Nation Give More Than $320,000 to School Food Programs After COVID-19 Forces Race Cancellations
Posted: September 30, 2020 in Chains
MINNEAPOLIS, MN - With endurance events across the world cancelled due to COVID-19, Life Time, which owns and produces more than thirty premier marathons, triathlons and cycling races, worked with athletes to create unique and impactful philanthropic opportunities to benefit children and their families in need. To date, these opportunities total more than $320,000, which will be provided to seven school districts across the country through the Life Time Foundation, a 501(c)(3) non-profit and charitable arm of Life Time that works with school districts across the country to inspire and impact the removal of "The Harmful 7." Read More...
Crunch Franchise Announces Its Newest Location In Orange Park, Florida
Posted: September 25, 2020 in Chains
ORANGE PARK, FL - Crunch Franchise has announced the opening of a 40,000 square-foot gym with state-of-the-art equipment and amenities in Orange Park, Florida. Crunch is known for its innovative group fitness programming and will offer a wide range of classes every week including BodyWeb with TRX, Zumba, Cardio Tai Box, Yoga Body Sculpt and Fat Burning Pilates. Members looking for additional guidance can utilize the HIITZone, a proprietary high-intensity interval group training program. Read More...
World Gym Houston and Texas City to Open in 2021
Posted: September 24, 2020 in Chains
NEWPORT BEACH, CA - World Gym International, the iconic global fitness brand, will open its first gym in Houston early next year, a new franchised location owned by entrepreneur Jerome Karam and his son Jacob Karam, a local attorney. World Gym Houston will be a brand new 40,000 square foot flagship fitness facility spread across five floors with state-of-the-art equipment and amenities and free parking for members. The new World Gym Texas City will also open in early 2021. At 100,000 square feet, the facility will have even more amenities, like World Gym Athletics, yoga, hot yoga, cycling, a full basketball court, physical therapy, a Barbell Café smoothie bar, a pro-shop and even a jumbotron. Both gyms will offer reciprocal memberships. Read More...
